Mahajaya targets RM440m GDV over the next 3 years
By THE EDGEKUALA LUMPUR: Mahajaya Bhd is planning to launch property development projects with a total gross development value (GDV) of RM440 million over the next three years, said its managing director William Tan Ming Wai.Mahajaya’s total landbank of 400ha includes those in the Klang Valley, Putrajaya, Sepang, Tanjung Malim and a portion in the [...]
KL City Corp’s Nomad to spend RM20mil on expansion
By BERNAMAKUALA LUMPUR: Kuala Lumpur City Corporation Bhd’s wholly-owned subsidiary, Nomad Space Sdn Bhd, will spend about RM20mil on its expansion plan locally and regionally next year.The business space outsourcing company has targeted to open eight to 10 service office centres in seven countries by the third quarter of next year, general manager of operations, [...]
Stronger presence for TWC
By THE STAR KUALA LUMPUR: Tradewinds Corp Bhd (TWC) is looking to build a stronger presence in the hotel and property development markets after a proposed de-merger involving a restricted offer for sale of its 53% stake in Tradewinds (M) Bhd to TWC shareholders and an acquisition of 907 acres of prime development land in [...]
Public Mutual launches Asia real estate fund
By BUSINESS TIMESPUBLIC Mutual Bhd has launched its first Asia real estate fund, which invests in the region’s property sector and real estate investment trusts (REITs).The “PB Asia Real Estate Income Fund (PBAREIF)” has an initial fund size of RM450 million comprising 1.5 billion units of 25 sen each.”PBAREIF is ideal for medium- to long-term [...]
EPF announces details for housing loan monthly instalment withdrawal
By THE EDGE KUALA LUMPUR: The Employees Provident Fund (EPF) on Dec 14 laid out details for the housing loan instalment monthly withdrawal that was first announced by Prime Minister Datuk Seri Abdullah Ahmad …
Mah Sing eyes Vietnam as possible first overseas venture
By THE EDGEKUALA LUMPUR: Property developer Mah Sing Group Bhd will make Vietnam its first destination if it decides to venture overseas, its group managing director Datuk Seri Leong Hoy Kum says.“Our first preference will still be Vietnam because of its compelling growth story,” he told The Edge Financial Daily recently.Leong said he liked Vietnam [...]
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